Paag Merger LLC (New York)

Name: Paag Merger LLC
Address: 6 East 43 Rd Street, New York, NY, 10017
Telephone: 212-850-4284

Paag Merger LLC is a large advisory firm based in New York. It manages $534.15 million of regulatory assets for 53 client accounts. It has been registered with the SEC as an adviser since 2013 and has operated in the jurisdiction of California.

Paag Merger provides pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Paag Merger: assets under management

The assets under management (AUM) of Paag Merger LLC is $534.15 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $148.82 million in discretionary accounts and $385.32 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.27 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $11.01 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Paag Merger LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Paag Merger LLC

Philip Edward Steele has been acting as President since 1 Aug 2013. Kurt Patrick Miscinski joined the executive team most recently as the Manager.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Pension Architects	Member	1 Aug 2013	50% - 75%	164198
Philip Edward Steele	President	1 Aug 2013	25% - 50%	1067453
Sharon Steele	Member	1 Aug 2013	25% - 50%	5426364
Robert Joseph Seco	Chief compliance officer	1 Aug 2013	Other	5637325
Kurt Patrick Miscinski	Manager	1 Aug 2015	Other	2694200

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
New York Private Bank And Trust Corporation	Parent corporation	1 Dec 2003	75% - 100%	20-0136064
Emigrant Bancorp	Parent corporation	1 Dec 2003	75% - 100%	13-3780951
Paul Milstein 1998 Revocable Trust	Grantor trust	1 Feb 2004	75% - 100%	4759415
Emigrant Bank	Parent corporation	1 Dec 2009	50% - 75%	13-5052245
Hpm Partners Llc	Member	1 Apr 2012	75% - 100%	151559

Based in New York

The principal office where Paag Merger LLC performs its advisory services is located at 6 East 43 Rd Street, New York, NY 10017, which is also the mailing address of the firm. An additional office of the firm is in Malibu, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-850-4284 or by fax 913-491-7977. The normal business hours are by appointment on Monday - Friday. You can find more information about the New York firm at www.pensionarchitects.com.